Silver Eagle Acquisition Corp., Led By Harry Sloan And Jeff Sagansky, Announces Agreement With Videocon d2h, Creating Only US-Listed Indian Pay-TV Operator
PR Newswire - Mon Jan 05, 3:00PM CST
Silver Eagle Acquisition Corp. (OTCQB: EAGL; EAGLU; EAGLW), founded by Harry Sloan and Jeff Sagansky, today announced that it entered into a transaction agreement on December 31, 2014 with Videocon d2h Limited, which will result in the first U.S.-listed Indian Pay-TV operator. In exchange for cash, the Company will receive new equity shares of Videocon d2h initially valued at no less than $303.7 million representing no less than 33.5% of the equity capital of Videocon d2h. The shares issued by Videocon will be represented by American Depositary Shares (ADSs) which will be distributed directly to Silver Eagle's stockholders.
Nasdaq stocks posting largest volume increases
AP - Thu Sep 04, 4:57PM CDT
NEW YORK (AP) — A look at the 10 biggest volume gainers on Nasdaq at the close of trading:
MEMP: 17.35 (+0.51), MTRX: 19.92 (+0.77), MAGS: 4.91 (+0.15), MITK: 3.38 (-0.02), TCCO: 4.32 (-0.07)